317 12Th StJoplin, MO 64801

Property Details for 317 12Th St

Year built

2013

Lot size

0.28 AC

Property size (Sq ft)

8,420 SF

Property type

Warehouses

APN

19-1.0-11-20-28-9.0

APU

191011202890

Description

This exceptional investment opportunity presents a 12,720-square-foot industrial property in Joplin, Missouri, ideally situated on 1.03 acres. The property comprises three buildings on four parcels, strategically located near the Oklahoma and Kansas borders. Currently 100% occupied by Controls & Electric Motor Co. (CEMCO, Inc.), this sale-leaseback offers a secure, long-term investment with a new 10-year absolute net lease (NNN) in place, commencing October 1, 2024, and featuring annual rent increases. The lease structure ensures minimal landlord responsibilities, with the tenant responsible for all property expenses, including roof and structure maintenance. The property boasts six dock-high doors and is zoned M2. Built between 1995 and 2013, the buildings offer a blend of established infrastructure and more recent additions. A clean Phase 1 environmental report is available. This out-of-state investment opportunity provides a strong 7.85% cap rate and presents a compelling return on investment. The property's address is 317 E 12th St, Joplin, MO 64801. This is a single-tenant property with no landlord responsibilities.

• Alternative Use

  Use

  Valuation

  Residential

  $840,133

  Hospitality

  $769,557

  Educational

  $640,262

  Medical

  $662,282

  Retail

  $995,964

Location Insight

City

Joplin

County

Jasper

State

Missouri

Latitude

37.0784

Longitude

-94.5108

CBSA code

27900

CBSA name

JOPLIN, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].